LV= confident despite sales dip

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Insurer LV= group says it is optimistic about the future, despite the impact of changes to the pensions market and slower growth in motoring in Q1, compared to the same period in 2013. Overall premiums for the period up to 31 March this year were £363m, compared to £379m in 2013. Motor was down from £287m to £254m. Chief executive Mike Rogers said: “I am confident that despite changeable market conditions, we are well placed for future growth in our chosen business lines.”